butler town center

advertisement
BUT LER
T O WN
CEN TER
BUTLER PLAZA
98% occupancy
BUTLER PLAZA NORTH
Now leasing
BUTLER TOWN CENTER
A proven location; building on success.
“First comes thought; then organization of that thought, into
ideas and plans; then transformation of those plans into reality.
The beginning, as you will observe, is in your imagination.”
– Napoleon Hill
BUTLER TOWN CENTER
Exiting I-75 onto Archer Road, one of the most highly
traveled thoroughfares in the city of Gainesville,
brings you to the site of Butler Town Center.
The tapestry of retail evolves as space becomes
available in one of Florida’s most under-retailed
markets, providing an opportunity that many
retailers have been looking to find for years.
As Butler Plaza North progresses, the 350,000square-foot Butler Town Center begins construction
at Archer Road and SW 34th Street, with traffic
counts close to 90,000 cars per day. Butler Town
Center is slated to bring new-to-the-market, longawaited shopping and dining options to customers
currently seeking alternatives out of the market.
Butler Enterprises is dedicated to delivering a
unique shopping experience with the addition of
two new, synergistic shopping districts. The first is
the recently announced expansion, Butler Plaza
North, with approximately 725,000 square feet of
destination and convenience shopping. Construction
for Butler Plaza North will commence late in 2013,
with the completed project flanking both sides of
the extension of SW 62nd Boulevard in 2015.
The iconic, 1-million-square-foot Butler Plaza, is
not only taking on a new look, but also adding
more than a million square feet of power-packed
shopping with Butler Plaza North and Butler Town
Center, changing the retail landscape of north
central Florida.
Concept Rendering of Butler Town Center
BUTLER PL A Z A
Existing retail space: 1 million square feet
Planned commercial space: 1.5 million square feet
Area: 267 acres of prime real estate
Major retailers: Trader Joe’s, Petsmart, Ross, Best
Buy, Old Navy, Target, Lowes, Walmart, Publix,
Pier 1 Imports, and OfficeMax.
TR ANSPORTATION ACCESS
M A JOR EMPLOYERS
RESIDENTIAL
Butler Plaza has 360-degree access for vehicular
transportation. Bordered by I-75 on the west
(the busiest interchange into Gainesville),
SR24/Archer Road to the south (45,500 cars
daily), and SR121/SW 34th Street to the east
(38,500 cars daily).
Almost 100,000 daytime employees are within
a 10-minute driving distance from Butler Plaza.
Some of the major employers include the University
of Florida, Shands Healthcare, VA Hospital,
Nationwide Insurance, Infinite Energy, and North
Florida Regional Medical Center.
Approximately 2,000 apartments or condos
are located within 1/4 mile, and over 10,000
residences are within 1 mile of Butler Plaza.
HOTEL S
Over a dozen hotels within a 1/2 mile, with
approximately 1,900 hotel rooms and suites,
and 32,000 square feet of meeting space.
GAINESVILLE, FLORIDA
Gainesville is the economic engine of north central
Florida, with a diverse growing economy. While the
city’s extended market totals more than 1,000,000,
the primary/secondary market has a population of
approximately 450,000. This number does not include
the vast majority of students at the University of Florida
and Santa Fe College who take up temporary residence
in Gainesville throughout the year, and together number
approximately 67,000.
The distance to any other major city for the majority
of the market’s consumers, supported by the roadway
system, the employment base, the medical facilities, and
cultural and sporting attractions of Gainesville, make it
the natural uncontested hub of activities for the area.
Four different employment sectors provide greater
Gainesville with excellent stability, which meant an
unemployment rate well below the state’s average
during the recent downturn. Those employment
segments are: education, medical and research,
agriculture, and business.
Add to this base over 2,000,000 visitors per year,
comprised of business travelers, loyal Gator fans who
return regularly for athletic and educational activities, and
general tourists and “snowbirds” stopping in Gainesville
on their north/south pilgrimages. The opportunities for
successful retail are multiplied well beyond the steady
impact of the healthy market statistics.
TRADE AREA DEMOGRAPHICS FOR BUTLER PLAZA/BUTLER TOWN CENTER
Census does not include additional 40,000 UF student population within the 5-mile radius.
5-mile radius
10-mile radius
Primary/Secondary
Proximity Market
Total Market
Population
143,400
208,500
443,000
1,170,000
Avg. HH Income
$50,573
$54,772
$55,203
$52,924
Total Market numbers are 2010; other numbers are 2012.
Data from Gibbs Planning Group
Total Market numbers are based on work done by the Gainesville Chamber of Commerce’s Council for Economic Outreach.
“Never give up on something you believe in.”
– Clark Butler
3217 SW 35th Blvd., Gainesville, FL 32608 | 352.372.3581 | ButlerPlaza.com
Download